Takata’s board is convening to review bankruptcy plans over the weekend, The Wall Street Journal reported, citing sources. The company is planning bankruptcy filings in both the U.S. and Japan, and has tentative plans to sell operations to rival firm Key Safety Systems for $1.6 billion, sources told the Journal. Sumitomo Mitsui Banking is reportedly […]

Investors should buy D.R. Horton shares because its entry-level housing business will thrive in the coming years, according to Credit Suisse, which initiated coverage on the home-builder with an outperform rating. “DR Horton is among the best positioned builders within our coverage. Over the past five years, it has effectively leveraged its operating acumen within […]

Elon Musk‘s SpaceX on Friday completed the first half of its attempt at making launch history this weekend. “Falcon 9 first stage has landed,” the company tweeted on Friday. Tweet @SpaceX. SpaceX is attempting to be the first to both launch and land two different rockets within a 48-hour window. The BulgariaSat-1 Mission launched at […]

Hulu, not Netflix, appears to be driving the recent increase in cord-cutting, according to Corey Barrett, a senior media analyst at M Science. Cord-cutting, long said to represent the demise of cable companies, is when customers eliminate paid TV from their service provider bundle. Barrett said a recent study from M Science shows the trend […]

Ever wish you could peek inside the halls of Facebook to find out what it’s like to work for Mark Zuckerberg and his tech behemoth? Interns get that opportunity. They are also well-paid for their time: At $8,000 per month, Facebook summer interns make more than the average American. Those with the coveted internships report […]

Americans love a great comeback, so don’t discount the possibility that Uber’s Travis Kalanick may return in the future to once again lead the company he helped start, Walter Isaacson told CNBC on Friday. “It’s very hard right now to put Travis back in position. Then again, I’ve seen this movie before, which is what […]

Tyra Banks learned the importance of standing out from the crowd as a teenage supermodel strutting the runway. “I really had a natural way of walking that was a little different, sometimes a little wacky, and I would notice people smiling,” says Banks who even got standing ovations in the midst of fashion shows. “I […]

BlackBerry shares dropped more than 10 percent on Friday morning — but those who follow the company know it’s “about to break out,” CEO John Chen told CNBC. “We will be doing acquisitions,” Chen told “Squawk Alley” on Friday. “If you follow the company for a while, you know that we are about to break […]

In its eighth year, VidCon draws tens of thousands of fans, eager to meet their favorite content creators, which means it’s become ground zero for brands — from Disney and Nickelodeon, to Dove Chocolates and Taco Bell — to try to reach them. They’re setting up shop at the Anaheim, California, convention center and hanging […]

There are many reasons for investors to buy chipmakers Nvidia and Advanced Micro Devices, but the recent rush for an indirect way to play skyrocketing cryptocurrencies bitcoin and ethereum should not be one of them, CNBC’s Jim Cramer said Friday. “One of the reasons why AMD and Nvidia have been going up is their chips […]